Long

Updated

BTCUSD Long Scalp

BTCUSD long on VWAP convergence

Note

If price breaks through the pink line (which an entry is suggested) then the trade is closed

Note

Consider pyramiding. Inverted H&S forming. Stops at pink line if price closes underneath it

Note

Pivot level failure will likely result in a straight flush to S1 pivot area

Note

woohoo got stopped out. Even is if price goes back up pivot I will not be trading this. I avoid revenge trading and wait for better setups. Also, trading during illiquid sessions results in weird price action.

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Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.